Additional info that is important:
Due to other life factors I am getting started late with saving for retirement.
I have a massive pile of graduate loans from two degrees that I am currently working towards pslf in 10 years (healthcare worker for hospital
System). I am on income based repayment plan that is 10% of my income.
I have a very supportive partner who pays for most things including our house. I pay for some
Utilities, groceries, my car, and student loans pretty much currently.
Just started a new job with 130k salary and possibly 20-30k or more bonus each year.
My company offers a 401k and 457b.
For the 401 k after 1 year of working they will match 50% of contributions up to 2% max.
After 2 years of working they will match 75% up to 3% max.
After 9 years 100% match up to 4% max.
For the 457b there is no matching.
Hospital system is unlikely to close and I live in NY state.
We plan on having kids in the next year or so and I would like to make sure i have extra money for trips and some spending. I also have type 1 diabetes and roughly $300 a month goes to that.
Not sure how much i should put in terms of percent i to one or both accounts right now but I know I need to as it will also lower my tax bracket.
Any thoughts?